Permian Resources Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $18.28 on 04/12/24 and a low of $8.80 for the same time frame on 05/17/23.
52-week price history of PR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Permian Resources Corp’s current trading price is -4.87% away from its 52-week high, while its distance from the 52-week low is 97.60%. The stock’s price range during this period has spanned from $8.80 to $18.28. In the Energy sector, the Permian Resources Corp’s shares surpassed a trading volume of approximately 2.0 million for the day, which was noticeably lower compared to the average daily volume of 9.9.57 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Permian Resources Corp (PR) has experienced a quarterly rise of 35.97% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.41B and boasts a workforce of 461 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.23, with a change in price of +4.47. Similarly, Permian Resources Corp recorded 9,348,667 in trading volume during the last 100 days, posting a change of +34.62%.
Examining PR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PR stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.61.
PR Stock Stochastic Average
Today, Permian Resources Corp’s raw stochastic average for the past 50 days stands at 73.72%, indicating a rise from the raw stochastic average of the last 20 days, which was 56.44%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 38.53% and 24.71% respectively.
PR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 28.67%. However, over the last six months, the performance has been weaker by 18.01%. The price of PR decreased -3.01% over the last 30 days. And in the last five days, it has fallen by -0.91%.
